THE FOCUS ON THE USA ECONOMY FOR THE YEAR'S END AND THE NEW YEAR.

The focus on the USA economic performance for the New year 2011 would not be as may have been previously claimed by some people, due to the slow economic recovery and the general down trend in the economic performance.
Figures have revealed that the gold prices have flactuated between the ranges of $1,380.50 to $1,408 us dollars at the year's end, instead of the previously predicted value of $ 1,600 us dollars an ounce at the world marklets. The general average spending at the year's end increased by over two point, despite the current government policy for spending cuts. However, the decline in home purchase in the USA has remained remarkably low, despite the general increase in spending recorded in the year's end. From over three hundred thousand homes built for sale, only twenty one thousand have been sold. that means the previous economic bubble in the homes sales have been attributed to the loans borrowed from the banks in the USA.

Written by Godfrey Ohia.